Value Chain

A typical scene out of Bollywood: a famous actor finishes his take and before the director can shout 'pack up', he's zoomed off on an overseas vacation. Left high and dry, the producer can only twiddle his thumbs till his star returns. Cut to another take of the same frame. The actor announces his overseas trip and the producer quietly reminds of him of a certain clause in the contract. The star mulls the consequences and wisely decides to stay and finish his schedule.

ERODE (TAMIL NADU): The three-day International Textiles, Weaving Machinery and Accessories Expo held here generated business of over Rs 200 crore, Chairman of Hi-Tech International Trade Fair Private Ltd , M A Rayappan said today. He said astudents and entrepreneurs visited the Expo in large numbers. More than 90 companies, including from U.S.A., Italy and Germany and India displayed their products that provided insights into moving up the value chain...

CHENNAI: It's not just the headcount that is going up in Indian BPOs. It's the value of transactions too. Last year, a number of BPOs operating in India added higher end transactions to their portfolio. While captives lead this upward march, third parties are not far behind. According to observers, this was the logical next step for the sector, despite issues such as outsourcing ban from outside and taxation problems within. (Is climbing up the value...

COIMBATORE : Tamil Nadu Agricultural University (TNAU), Mettupalayam, near here, has undertaken a four-year project for establishment of lucrative industrial wood plantation with improved short rotation clones through contract farming. The Rs 307.905 lakh scheme 'A value chain on industrial agroforestry in Tamil Nadu,' under National Agricultural Innovative project of ICAR, would be implemented on consortium approach, with Institute of Forest Genetics and Tree...

MUMBAI: Business process outsourcing company Firstsource Solutions said it partnered with Nasdaq-listed analytics firm NICE Solutions to improve its offerings to customers. Indian BPOs have been attempting to move up the value chain in terms of services offered to clients as they look to improve their margins. "Through our collaborative efforts with NICE Systems, we will continue to strengthen our service capabilities to enable rapid businesses transformation and...

NEW DELHI: The government is set to launch a 'Zero Effect, Zero Defect' model to rate and handhold one million small and medium enterprises over the next three to five years to deliver top quality products using clean technology. The move is in line with the Prime Minister's pitch for high quality local manufacturing and Make in India campaign. Deriving its name from Narendra Modi's speech, zero-effect, zero...

BANGALORE: The government is finalising a new special incentive package for the electronic systems, design and manufacturing industry, a senior official said on Monday. Speaking on the sidelines of the Indian Semiconductor Association ( ISA ) Vision Summit 2011 on Monday, Dr Ajay Kumar , joint secretary, Department of IT , government of India, said: "The earlier incentive package focused on high investment projects. But now, we have realised that the package needs to address all...

MUMBAI: If the trend in the stock market among key frontline companies is anything to go by, large cap companies had become more costly in March '04. However, the correction over the last few months could change the situation at least as far as one ratio is concerned. Over the past three years, strong topline growth coupled with a reduction in interest cost had resulted in a higher value from the market for these companies. This was evident from the...

MUMBAI: Michael Porter gave us the value chain but didn't tell us how to value it. "By 2010, the finance world would move towards global Generally Accepted Accounting Principles (GAAP) with industry-based standards. " Do these opinions sound radical enough? They come from Cedric Read, a global financial management consultant and author of best-sellers like 'CFO as Business Integrator' and 'CFO Insights'. In the past, Read has led PricewaterhouseCoopers' global...

NEW DELHI : It's ragtime folks! India Inc. is poised to get ragpickers to strike fortune at the bottom of the pyramid. Top companies like Tetra Pak, Dabur, Amul, Parle, Karnataka Dairy, among others, are wooing ragpickers to participate in their value chain. Though Tetra Pak is spearheading the movement of carton collection, companies are signing up thick and fast. In the normal run, paper mills cough up $75-110 per tonne for used Tetra Pak cartons. That works out to...

By Naval Bir Kumar CEO of IDFC MF The trend across the world in investing in commodities is here to stay. The challenges of how does one deal with real assets, have been simplified with the futures market?which first evolved to create a market place for the manufacturer or grower and has now transitioned to a mainstream asset class for the institutional and the retail investor. Agricultural is cyclical. Unlike an industrial...

MUMBAI: Maharashtra Chief Minister Devendra Fadnavis today said that improving agriculture productivity and increasing capital expenditure are the focus areas of his government, which has completed 100 days in power. "100 days is too short a period to evaluate the performance of a government. You can only judge it by its intentions and we have shown that we are on the right track," Fadnavis told PTI in an interview. The state is facing one of its worst...

While it's a good idea to move up the value chain in manufacturing through the Make in India initiative, the country also needs to focus on its strength in services, World Bank president Jim Yong Kim said in an interview with ET on the sidelines of the Vibrant Gujarat summit. India, he said, is one of the bright spots in the world economy along with the US. Edited excerpts: The new government announced Make in India initiative to boost...

NEW DELHI: Arun Bharat Ram-led SRF Limited has announced the acquisition of Global DuPont Dymel , the pharmaceutical propellant business of American chemical giant DuPont. In an all-cash deal, SRF would pay a consideration of $20 million or a tad more than Rs 120 crore for DuPont's Fluorochemicals business, which is part of the performance chemicals segment that DuPont plans to hive off by mid-2015. Under the transaction, DuPont...

In a chat with ET Now,Ambareesh Baliga, Market Expert , shares his views on Tata Global Beverages. ET Now: Do you think markets are not giving its due to Tata Global Beverages , I mean they are in all the right businesses, they own Tetley, they have moved up the value chain in the tea business and then JV with Starbucks? Ambareesh Baliga : It is one of those underperformers which one should really look at buying even...

In a chat with ET Now, P Phani Sekhar, Fund Manager-PMS, Angel Broking, shares his views on auto components. Excerpts: ET Now: Anything from the second rung of auto component stocks that appeal to you. Have a good management, you have looked at it, you like the numbers as well? P Phani Sekhar: There is one stock Talbros Auto, this is something that I have been liking for sometimes now. This is primarily a gasket maker, having a market share of...

MUMBAI: Neither put all your eggs in one basket nor your entire value chain. Multinationals across the world are beginning to look at value chain risk diversification in an aggressive way. (Value chain is the set of activities spanning procurement of basic raw materials to the distribution of the final product.) This is making companies in the developed world look at all the low-cost countries, but more specifically India. Accenture, a global consulting company says that India...

MUMBAI: Samunnati, a financial intermediary business firm that provides loans, plans to start 12 branches in Thiruvannamalai, Tamil Nadu . Samunnati's first branch is likely to be operational by this Diwali in Thiruvannamalai. "We plan to start 12 operational branches in Thiruvannamalai in the first three months of our operations. Our first branch is likely to be operational by this Diwali in Thiruvannamalai. Each branch will cost around 5 lakh capex and...

NEW DELHI: The government today assured the Lok Sabha that it would intervene if forest dwellers do not get minimum support price for minor forest produce. A scheme for 'Marketing of Minor Forest Produce (MFP) through Minimum Support Price (MSP) and Development of Value Chain for MFP' was launched recently by the government. It is aimed at ensuring that forest dwellers get minimum support price for MFP. "The government will intervene if they (forest dwellers)